iShares 20+ Year Treasury Bond BuyWrite Strategy ETF (BATS:TLTW) Shares Up 4.3% – Here’s Why

iShares 20+ Year Treasury Bond BuyWrite Strategy ETF (BATS:TLTW)’s share price shot up 4.3% during mid-day trading on Monday . The company traded as high as $23.46 and last traded at $24.01. 462,612 shares were traded during mid-day trading, a decline of 28% from the average session volume of 641,497 shares. The stock had previously closed at $23.02.

iShares 20+ Year Treasury Bond BuyWrite Strategy ETF Stock Up 4.3 %

The business’s 50 day moving average price is $23.68 and its 200-day moving average price is $24.88.

Institutional Investors Weigh In On iShares 20+ Year Treasury Bond BuyWrite Strategy ETF

A number of institutional investors and hedge funds have recently made changes to their positions in TLTW. JPMorgan Chase & Co. purchased a new stake in iShares 20+ Year Treasury Bond BuyWrite Strategy ETF during the 3rd quarter worth approximately $71,000. Global Wealth Strategies & Associates purchased a new stake in iShares 20+ Year Treasury Bond BuyWrite Strategy ETF during the 4th quarter worth approximately $695,000. MassMutual Private Wealth & Trust FSB purchased a new stake in iShares 20+ Year Treasury Bond BuyWrite Strategy ETF during the 4th quarter worth approximately $26,000. Transcend Capital Advisors LLC increased its stake in iShares 20+ Year Treasury Bond BuyWrite Strategy ETF by 9.2% during the 4th quarter. Transcend Capital Advisors LLC now owns 16,928 shares of the company’s stock worth $398,000 after buying an additional 1,424 shares during the period. Finally, Bank of New York Mellon Corp increased its stake in iShares 20+ Year Treasury Bond BuyWrite Strategy ETF by 22.2% during the 4th quarter. Bank of New York Mellon Corp now owns 13,260 shares of the company’s stock worth $312,000 after buying an additional 2,412 shares during the period.

iShares 20+ Year Treasury Bond BuyWrite Strategy ETF Company Profile

The iShares 20+ Year Treasury Bond Buywrite Strategy ETF (TLTW) is an exchange-traded fund that is based on the CBOE TLT 2% OTM Buywrite index. The fund uses a fund-of-fund approach to passively track an index that measures the performance of holding shares of the iShares 20+ Year Treasury Bond ETF and writes one-month, out-of-the-money call options against the shares.